Tilray Brands (TSE:TLRY) Sets New 1-Year Low – What’s Next?

Tilray Brands, Inc. (TSE:TLRYGet Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$1.72 and last traded at C$1.75, with a volume of 720892 shares traded. The stock had previously closed at C$1.81.

Tilray Brands Price Performance

The company has a market capitalization of C$1.50 billion, a price-to-earnings ratio of -3.84 and a beta of 2.19. The company has a current ratio of 2.27, a quick ratio of 2.16 and a debt-to-equity ratio of 11.25. The company’s 50 day simple moving average is C$2.08 and its 200-day simple moving average is C$2.31.

About Tilray Brands

(Get Free Report)

Tilray Brands, Inc, a lifestyle consumer products company, engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. The company operates through four segments: Beverage Alcohol, Cannabis, Distribution, and Wellness.

Further Reading

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